##### 



Exhibit 99.1 Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 5-27-2006
    
    Input
    
    PAGE 1
 A.
    
    DATES
    
    
    Begin
    
    
    End
    
    
    # days1
    
    Determination Date
    
    
    
    
    
    

6/16/20062
    
    Payment Date
    
    
    
    
    
    

6/20/20063
    
    Collection Period
    
    

4/30/2006
    
    
    

5/27/2006
    
    
    
    284
    
    Monthly Interest Period - Actual
    
    

5/22/2006
    
    
    

6/19/2006
    
    
    
    295
    
    Monthly Interest - Scheduled
    
    
    
    
    
    
    
    
    
    
    30
 B.
    
    SUMMARYPrincipal PaymentInitial Balance
    
    Beginning Balance
    
    1st Priority
    
    Regular
    
    Ending Balance
    
    Note Factor6
    
    Class A-1 Notes
    
    
    425,000,000.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    7
    
    Class A-2 Notes
    
    
    420,000,000.00
    
    
    
    145,427,545.74
    
    
    
    
    
    39,939,659.70
    
    
    
    105,487,886.04
    
    
    
    0.25116168
    
    Class A-3 Notes
    
    
    485,000,000.00
    
    
    
    485,000,000.00
    
    
    
    
    
    
    
    
    
    485,000,000.00
    
    
    
    1.00000009
    
    Class A-4 Notes
    
    
    170,000,000.00
    
    
    
    170,000,000.00
    
    
    
    
    
    
    
    
    
    170,000,000.00
    
    
    
    1.000000010
    
    Certificates
    
    
    185,393,258.00
    
    
    
    185,393,258.00
    
    
    
    
    
    
    
    
    
    185,393,258.00
    
    
    
    1.000000011
    
    Equals: Total Securities
    
    $
    1,685,393,258.00
    
    
    $
    985,820,803.74
    
    
    $
    
    $
    39,939,659.70
    
    
    $
    945,881,144.0412
    
    Total Securitization Value
    
    $
    1,685,393,258.00
    
    
    $
    1,019,528,669.74
    
    
    
    
    
    
    
    
    $
    979,589,010.04
 Per $1000
    
    Principal & Interest
    
    Per $1000Coupon Rate
    
    Interest Pmt Due
    
    Face Amount
    
    Payment Due
    
    Face Amount13
    
    Class A-1 Notes
    
    
    
    
    2.9850
    %
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    14
    
    Class A-2 Notes
    
    
    
    
    3.5200
    %
    
    
    426,587.47
    
    
    
    2.9333333
    
    
    
    40,366,247.17
    
    
    
    277.569472615
    
    Class A-3 Notes
    
    
    
    
    3.8200
    %
    
    
    1,543,916.67
    
    
    
    3.1833333
    
    
    
    1,543,916.67
    
    
    
    3.183333316
    
    Class A-4 Notes
    
    
    
    
    3.9400
    %
    
    
    558,166.67
    
    
    
    3.2833333
    
    
    
    558,166.67
    
    
    
    3.2833333Equals: Total Securities
    
    
    
    
    
    
    
    
    2,528,670.80
    
    
    
    
    
    
    
    42,468,330.50
 C.
    
    COLLECTIONS AND AVAILABLE FUNDS17
    
    Lease Payments Received
    
    
    
    
    
    
    19,030,894.3018
    
    Sales Proceeds - Early Terminations
    
    
    
    
    
    
    13,452,197.1719
    
    Sales Proceeds - Scheduled Terminations
    
    
    
    
    
    
    11,858,327.3320
    
    Security Deposits for Terminated Accounts
    
    
    
    
    
    
    101,825.0021
    
    Excess Wear and Tear Received
    
    
    
    
    
    
    79,831.5622
    
    Excess Mileage Charges Received
    
    
    
    
    
    
    189,426.4623
    
    Other Recoveries Received
    
    
    
    
    
    
    427,481.6324
    
    Subtotal: Total Collections
    
    
    
    
    
    
    45,139,983.4525
    
    Repurchase Payments
    
    
    
    
    
    
    26
    
    Postmaturity Term Extension
    
    
    
    
    
    
    27
    
    Investment Earnings on Collection Account
    
    
    
    
    
    
    194,219.2128
    
    Total Available Funds, prior to Servicer Advances
    
    
    
    
    
    
    45,334,202.6629
    
    Servicer Advance
    
    
    
    
    
    
    30
    
    Total Available Funds
    
    
    
    
    
    
    45,334,202.6631
    
    Reserve Account Draw
    
    
    
    
    
    
    32
    
    Available for Distribution
    
    
    
    
    
    
    45,334,202.66


D.
    
    DISTRIBUTIONS33
    
    Payment Date Advance Reimbursement
(Item 77)
    
    
    
    
    
    
    34
    
    Servicing Fee (Servicing and Administrative Fees paid pro rata):35
    
    Servicing Fee Shortfall from Prior Periods
    
    
    
    
    
    
    36
    
    Servicing Fee Due in Current Period
    
    
    
    
    
    
    849,607.2237
    
    Servicing Fee Shortfall
    
    
    
    
    
    
    
    
    
    
    
    38
    
    Administration Fee (Servicing and Administrative Fees paid pro rata):39
    
    Administration Fee Shortfall from Prior Periods
    
    
    
    
    
    
    40
    
    Administration Fee Due in Current Period
    
    
    
    
    
    
    5,000.0041
    
    Administration Fee Shortfall
    
    
    
    
    
    
    42
    
    Interest Paid to Noteholders
    
    
    
    
    
    
    2,528,670.8043
    
    First Priority Principal
Distribution Amount
    
    
    
    
    
    
    44
    
    Amount Paid to Reserve Account to
Reach Specified Balance
    
    
    
    
    
    
    45
    
    Subtotal: Remaining Available Funds
    
    
    41,950,924.6346
    
    Regular Principal Distribution Amount
    
    
    39,939,659.7047
    
    Regular Principal Paid to
Noteholders (lesser of Item 45 and Item 46)
    
    
    
    
    
    
    39,939,659.7048
    
    Other Amounts paid to Trustees
    
    
    
    
    
    
    49
    
    Remaining Available Funds
    
    
    
    
    
    
    2,011,264.93






---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 5-27-2006
    
    
    
    PAGE 2
 E.
    
    CALCULATIONS50
    
    Calculation of First Priority Principal Distribution Amount:51
    
    Outstanding Principal Amount of the
Notes (Beg. of Collection Period)
    
    
    
    
    
    
    800,427,545.7452
    
    Less: Aggregate Securitization
Value (End of Collection Period)
    
    
    
    
    
    
    (979,589,010.04
    )53
    
    First Priority Principal
Distribution Amount (not less than zero)
    
    
    
    
    
    
    54
    
    Calculation of Regular Principal
Distribution Amount:55
    
    Outstanding Principal Amount of the
Notes (Beg. of Collection Period)
    
    
    
    
    
    
    800,427,545.7456
    
    Less: First Priority Principal
Distribution Amount
    
    
    
    
    
    
    57
    
    Less: Targeted Note Balance
    
    
    
    
    
    
    (760,487,886.04
    )58
    
    Regular Principal Distribution Amount
    
    
    
    
    
    
    39,939,659.7059
    
    Calculation of Targeted Note
Balance:60
    
    Aggregate Securitization Value (End
of Collection Period)
    
    
    
    
    
    
    979,589,010.0461
    
    Less: Targeted
Overcollateralization Amount (13% of Initial Securitization Value)
    
    
    
    
    
    
    (219,101,124.00
    )62
    
    Targeted Note Balance
    
    
    
    
    
    
    760,487,886.0463
    
    Calculation of Servicer Advance:64
    
    Available Funds, prior to Servicer
Advances (Item 28)
    
    
    
    
    
    
    45,334,202.6665
    
    Less: Payment Date Advance
Reimbursement (Item 77)
    
    
    
    
    
    
    66
    
    Less: Servicing Fees Paid (Items
35, 36 and 37)
    
    
    
    
    
    
    849,607.2267
    
    Less: Administration Fees Paid
(Items 38, 39 and 40)
    
    
    
    
    
    
    5,000.0068
    
    Less: Interest Paid to Noteholders
(Item 42)
    
    
    
    
    
    
    2,528,670.8069
    
    Less: 1st Priority Principal
Distribution (Item 43)
    
    
    
    
    
    
    70
    
    Equals: Remaining Available Funds before Servicer Advance (If < 0, Available Funds Shortfall)
    
    
    
    
    
    
    41,950,924.6371
    
    Monthly Lease Payments Due on Included Units but not received (N/A if Item 70 > 0)
    
    
    
    
    
    
    N/A72
    
    Servicer Advance (If Item 70
< 0, lesser of Item 71 and absolute value of Item 70, else 0)
    
    
    
    
    
    
    73
    
    Total Available Funds after
Servicer Advance (Item 70 plus Item 72)
    
    
    
    
    
    
    41,950,924.6374
    
    Reserve Account Draw Amount (If
Item 73 is < 0, Lesser of the Reserve Account Balance and Item 73)
    
    
    
    
    
    75
    
    Reconciliation of Servicer Advance:76
    
    Beginning Balance of Servicer Advance
    
    
    
    
    
    
    77
    
    Payment Date Advance Reimbursement
    
    
    
    
    
    
    78
    
    Additional Payment Advances for current period
    
    
    
    
    
    
    79
    
    Ending Balance of Payment Advance
    
    
    
    
    
    
    
 F.
    
    RESERVE ACCOUNT80
    
    Reserve Account Balances:81
    
    Specified Reserve Account Balance
(1% of Initial Securitized Value)
    
    
    
    
    
    
    16,853,932.5882
    
    Initial Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5883
    
    Beginning Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5884
    
    Plus:  Net Investment Income for the Collection Period
    
    
    
    
    
    
    69,091.3485
    
    Subtotal:  Reserve Fund Available for Distribution
    
    
    
    
    
    
    16,923,023.9286
    
    Plus:  Deposit of Excess Available
Funds to reach Specified Balance (Item 44)
    
    
    
    
    
    
    87
    
    Less:  Reserve Account Draw Amount
(Item 74)
    
    
    
    
    
    
    88
    
    Subtotal Reserve Account Balance
    
    
    
    
    
    
    16,923,023.9289
    
    Less: Excess Reserve Account Funds
to Transferor (If Item 88 > Item 81)
    
    
    
    
    
    
    69,091.3490
    
    Equals: Ending Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5891
    
    Change in Reserve Account Balance from Immediately Preceding Payment Date
    
    
    
    
    
    
    92
    
    Current Period Net Residual Losses:
    
    Units
    
    
    Amounts93
    
    Aggregate Securitization Value for Scheduled Terminated Units
    
    
    752
    
    
    
    14,207,879.2594a
    
    Less: Aggregate Sales Proceeds for Current Month Scheduled Terminated Units
    
    
    
    
    
    
    (11,922,827.33
    )94b
    
    Less: Aggregate Sales Proceeds & Recoveries for Prior Month Scheduled Terminated Units
    
    
    
    
    
    
    (304,555.10
    )95
    
    Less: Excess Wear and Tear Received
    
    
    
    
    
    
    (79,831.56
    )96
    
    Less: Excess Mileage Received
    
    
    
    
    
    
    (189,426.46
    )97
    
    Current Period Net Residual Losses/(Gains)
    
    
    752
    
    
    
    1,711,238.8098
    
    Cumulative Net Residual Losses:99
    
    Beginning Cumulative Net Residual Losses
    
    
    10,365
    
    
    
    19,741,124.58100
    
    Current Period Net Residual Losses
(Item 97)
    
    
    752
    
    
    
    1,711,238.80101
    
    Ending Cumulative Net Residual Losses
    
    
    11,117
    
    
    
    21,452,363.38102
    
    Cumulative Net Residual Losses/(Gains) as a % of Aggregate Initial Securitization Value
    
    
    
    
    
    
    1.27
    %




---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 5-27-2006
    
    
    
    PAGE 3
 
 G.
    
    POOL STATISTICS103
    
    Collateral Pool Balance Data
    
    
    
    
    
    Initial
    
    
    Current104
    
    Initial Aggregate Securitization Value
    
    
    
    
    
    
    1,685,393,258
    
    
    
    979,589,010105
    
    Number of Current Contracts
    
    
    
    
    
    
    72,157
    
    
    
    50,509106
    
    Weighted Average Lease Rate
    
    
    
    
    
    
    3.59
    %
    
    
    3.50
    %107
    
    Average Remaining Term
    
    
    
    
    
    
    27.48
    
    
    
    13.86108
    
    Average Original Term
    
    
    
    
    
    
    42.98
    
    
    
    43.39109
    
    Monthly Prepayment Speed
    
    
    
    
    
    
    
    
    
    
    79.63
    %Units
    
    
    Book Amount
    
    
    Securitization Value110
    
    Pool Balance - Beginning of Period
    
    
    52,045
    
    
    
    1,106,663,052
    
    
    
    1,019,528,670111
    
    Depreciation/Payments
    
    
    
    
    
    
    (17,241,102
    )
    
    
    (12,343,196
    )112
    
    Gross Credit Losses
    
    
    (28
    )
    
    
    (486,367
    )
    
    
    (532,033
    )113
    
    Early Terminations
    
    
    (756
    )
    
    
    (13,706,575
    )
    
    
    (12,856,551
    )114
    
    Scheduled Terminations
    
    
    (752
    )
    
    
    (15,058,918
    )
    
    
    (14,207,879
    )115
    
    Repurchase/Reallocation
    
    
    
    
    
    
    
    
    
    
    116
    
    Pool Balance - End of Period
    
    
    50,509
    
    
    
    1,060,170,090
    
    
    
    979,589,010117
    
    Delinquencies Aging Profile - End of Period
    
    Units
    
    
    Securitization Value
    
    
    Percentage118
    
    Current
    
    
    49,975
    
    
    
    970,189,844
    
    
    
    99.04
    %119
    
    31 - 90 Days Delinquent
    
    
    484
    
    
    
    8,377,846
    
    
    
    0.86
    %120
    
    90+ Days Delinquent
    
    
    50
    
    
    
    1,021,320
    
    
    
    0.10
    %121
    
    Total
    
    
    50,509
    
    
    
    979,589,010
    
    
    
    100.00
    %122
    
    Credit Losses:
    
    
    
    
    
    Units
    
    
    Amounts123
    
    Aggregate Securitization Value on charged-off units
    
    
    
    
    
    
    28
    
    
    
    532,033124
    
    Aggregate Liquidation Proceeds on charged-off units
    
    
    
    
    
    
    
    
    
    
    (337,588
    )125
    
    Recoveries on charged-off units
    
    
    
    
    
    
    
    
    
    
    (78,495
    )126
    
    Current Period Aggregate Net Credit Losses/(Gains)
    
    
    
    
    
    
    28
    
    
    
    115,950127
    
    Cumulative Net Credit Losses:128
    
    Beginning Cumulative Net Credit Losses
    
    
    
    
    
    
    482
    
    
    
    3,489,777129
    
    Current Period Net Credit Losses
(Item 119)
    
    
    
    
    
    
    28
    
    
    
    115,950130
    
    Ending Cumulative Net Credit Losses
    
    
    
    
    
    
    510
    
    
    
    3,605,727131
    
    Cumulative Net Credit Losses/(Gains) as a % of Aggregate Initial Securitization Value
    
    0.21
    %




---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 5-27-2006
    
    
    
    PAGE 4
 SCHEDULED REDUCTION IN AGGREGATE SECURITIZATION VALUE
 ScheduledPayment Date
    
    Reduction(1)07/20/2006
    
    34,250,38208/20/2006
    
    42,046,96709/20/2006
    
    43,114,54210/20/2006
    
    42,772,29011/20/2006
    
    44,271,07212/20/2006
    
    45,838,38001/20/2007
    
    45,983,42102/20/2007
    
    38,645,18003/20/2007
    
    31,325,60704/20/2007
    
    32,803,51105/20/2007
    
    31,731,85706/20/2007
    
    25,476,55007/20/2007
    
    27,529,76508/20/2007
    
    32,380,68309/20/2007
    
    33,622,38010/20/2007
    
    38,309,79511/20/2007
    
    32,010,07912/20/2007
    
    29,809,54501/20/2008
    
    27,128,95602/20/2008
    
    21,121,24803/20/2008
    
    32,829,35604/20/2008
    
    43,528,39705/20/2008
    
    26,107,84606/20/2008
    
    31,109,08307/20/2008
    
    31,797,94608/20/2008
    
    22,018,90109/20/2008
    
    20,249,71010/20/2008
    
    19,091,13611/20/2008
    
    13,995,31512/20/2008
    
    19,784,76501/20/2009
    
    15,014,21902/20/2009
    
    745,39603/20/2009
    
    167,72304/20/2009
    
    179,78405/20/2009
    
    141,12306/20/2009
    
    160,27407/20/2009
    
    156,54908/20/2009
    
    216,91609/20/2009
    
    242,43810/20/2009
    
    441,11111/20/2009
    
    521,91812/20/2009
    
    668,21601/20/2010
    
    248,21102/20/2010
    
    466Total:
    
979,589,010
 (1)
    
    This column represents the monthly reduction in the Aggregate Securitization Value, assuming(a) each collection period is a calendar month rather than a fiscal month,(b) timely receipt of all monthly rental payments and sales proceeds,(c) no credit or residual losses and(d) no prepayments (including defaults, purchase option exercises  or other early lease terminations).Actual cash flows are likely to vary from these amounts.